Tag Archives: Switzerland

Share this article Why Switzerland must tie its politicians’ hands On the 27th of September, Swiss voters will decide on the popular initiative “Safeguarding Swiss Neutrality.” The proposal would insert a new article into the Federal Constitution declaring Swiss neutrality perpetual and armed. Switzerland would be barred from joining any military or defence alliance and from cooperating with such alliances except in the event of a direct attack or imminent preparation for one. It would...

Share this article I have long admired Hans-Hermann Hoppe and closely followed his work for over a decade, as in my view, his is one of the most uncompromising, intellectually courageous and rigorous voices in the Austrian tradition. A few days ago I came across a wide-ranging conversation he gave on the Portuguese podcast CdK and at a time when Western societies appear increasingly trapped in cycles of debt, demographic decline, geopolitical overreach and institutional decay, every word of...

My interview with Claudia Gnehm, published in Tamedia outlets, together with the accompanying article in Finanz und Wirtschaft, generated many responses from readers. Here are the comments that received the most support from other readers: Most-liked comments on interview: #1 Dirk Niepelt betont in diesem wohltuend klaren Artikel, dass das Verursacherprinzip als Richtschnur auch und gerade für Banken und für die UBS gilt. Es kann nicht sein, dass sich eine systemrelevante Bank sehr...

Finanz und Wirtschaft online. 10 August 2026. PDF of online article. Also published in print on 12 August 2026; PDF.

“Ob Bäcker oder Grossbank – wer Gewinne erzielt, muss im Krisenfall auch Verluste tragen,” (Whether Bakery or Global Bank: Those Who Earn the Profits Must Also Bear the Losses). Interview published in Tagesanzeiger online, Der Bund online, Berner Zeitung online, Basler Zeitung online, and elsewhere. 7 August 2026. PDF of hardcopy.

Share this article Summary by Matt Morgan, www.thedailybell.com Grass argues the Western world is in a deliberate “permanent emergency” where governments cycle through crises (COVID, war, energy, pandemics) to justify digital IDs, central bank digital currencies, and the stripping of liberty, predicting war, famine, and civil war across roughly 15 Western countries within five years. He frames central banking as the “core element of evil,” makes explicit claims about a “Jewish mob”...

With Remo Isch-Taudien and Cyril Monnet. Swiss Journal of Economics and Statistics 162:7, May 2025. PDF. Journal website. The proposed revision of the Swiss Banking Act introduces a public liquidity backstop (PLB) for distressed systemically important banks (SIBs), in part to facilitate resolution. We examine the impact of the PLB on fiscal balances, welfare, and the incentives of bank shareholders and management. A PLB, like too-big-to-fail (TBTF) status, acts as a subsidy for...

Share this article The recent “calm” in the gold market has left many observers, and especially the precious metal’s critics, questioning whether the “safe-haven” thesis still stands or whether its time has passed. In the shadow of the ongoing Middle East conflict and the blockade of the Strait of Hormuz, the yellow metal failed to deliver the immediate, parabolic spike that many assumed should accompany a global energy crisis. Instead, we witnessed the opposite, with a correction from the...

Annual returns and cumulative returns: Triangle. Some aggregate statistics: Text. The average (geometric mean) real annual return on equity in the period 1926–2024 is 5.6%. Statistics are based on SPI and BfS consumer price index data.

A new report by the Institut für Schweizer Wirtschaftspolitik describes who receives them. Report (in German).